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NEC Electronics and Renesas Technology signed a merger agreement to integrate operations on April 1, 2010, creating the world's third-largest chipmaker. The merger will combine their semiconductor businesses, with NEC Electronics absorbing Renesas and changing its name.
“NEC Electronics and Renesas Technology today announced they have entered into a merger agreement to integrate business operations at NEC Electronics and Renesas on April 1, 2010 (scheduled).”cdrinfo.com
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